Showing 1 - 10 of 105
SCB girds itself for new standard
Business, Somruedi Banchongduang, Published on 03/01/2018
» Siam Commercial Bank (SCB) has been setting aside extra buffers against bad loans since the third quarter of 2017 to comply with International Financial Reporting Standard (IFRS) Version 9, which requires lenders to have larger reserves and earlier recognition of credit losses.
LHFG Q4 net profit gains, impairment dips
Business, Somruedi Banchongduang, Published on 16/01/2018
» Land and Houses Financial Group Plc (LHFG), the parent of LH Bank, has delivered a 16.8% year-on-year increase in its unaudited net profit during the three months to December, largely helped by a sharp decline in impairment charges for credit losses.
Tisco Bank pumps brake on loan gains
Business, Somruedi Banchongduang, Published on 17/01/2018
» With concerns over high household debt and an uptick in bad loans, Tisco Bank has set a conservative loan growth target of 5% this year, far below the 11.8% loan growth it recorded last year, partly driven by a 33-billion-baht retail loan transferred from Standard Chartered Bank (Thai) (SCBT).
BAY, TMB, CIMBT report net profit rise
Business, Somruedi Banchongduang, Published on 19/01/2018
» Bank of Ayudhya (BAY), TMB Bank (TMB) and CIMB Thai Bank (CIMBT) saw their unaudited consolidated net profit surge last year thanks to increases in their operating income.
SCB, KBank post weaker earnings
Business, Somruedi Banchongduang, Published on 20/01/2018
» Two of the big four commercial banks reported a sharp drop in unaudited consolidated net profit for 2017 and the three months to December, with larger bad-debt provisions taking a toll on balance sheets.
KTB net profit takes mighty tumble
Business, Somruedi Banchongduang, Published on 23/01/2018
» State-owned Krungthai Bank's (KTB) unaudited consolidated net profit tumbled by 30.5% last year largely because of a 34.1% surge in loan-loss charges, making it the worst performer among SET-listed bank peers.
KBank plans buffer for SME loans
Business, Somruedi Banchongduang, Published on 25/01/2018
» Kasikornbank (KBank) is required to set aside larger loan impairment charges for its small and medium-sized enterprise (SME) loans in compliance with the International Financial Reporting Standard 9 (IFRS9), which requires lenders to have larger reserves and earlier recognition of credit losses.
KKP aims for 10% growth in loans
Business, Somruedi Banchongduang, Published on 26/01/2018
» SET-listed Kiatnakin Bank (KKP) has set an aggressive loan growth target of 10% this year after recording a rise in 2017 -- the first time in three years.
BoT: NPLs picked to improve
Business, Somruedi Banchongduang, Published on 13/02/2018
» Commercial lenders' bad loans are showing signs of improvement this year after peaking in the third quarter last year, says a senior official at the Bank of Thailand.
BBL focuses on SME lending hike
Business, Somruedi Banchongduang, Published on 31/03/2018
» Bangkok Bank (BBL), the country's largest lender by assets, aims for 5-7% loan growth for small and medium-sized enterprises (SMEs) this year, with a focus on term loans.